1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Press Release
Press Release

Sientra Appoints Vidur Sahney as Vice President, Operations and Supply Chain

March 01, 2017 | About:

Experienced Medical Device Manufacturing Executive to Lead Re-Supply Initiatives and Support New Product Pipeline Development and Innovation Activities

SANTA BARBARA, Calif., March 01, 2017 (GLOBE NEWSWIRE) -- Sientra, Inc. (NASDAQ:SIEN), a medical aesthetics company, today announced that Vidur Sahney has been appointed Vice President, Operations and Supply Chain, effective immediately. Mr. Sahney adds over 11 years of implantable medical device operations, manufacturing, supply chain management and product development experience.

Jeffrey Nugent, Chairman and Chief Executive Officer of Sientra, said, âVidur joins our management team at a very important juncture, as we advance toward finalizing a stable manufacturing supply solution for our breast implant products. We have completed final verification and testing of finished product in collaboration with our partner Vesta and remain on track to submit our PMA supplement to the FDA by the end of the first quarter of 2017. As we move toward that submission and anticipated approval, Vidur will be assuming responsibility for Sientraâs manufacturing and supply chain execution and I am confident that he will play a lead role in building a scalable operations function to contribute significantly to our short and long term growth objectives and product margin targets across our growing portfolio of surgical aesthetics products.â

Mr. Sahney most recently served as Senior Director of Operations at Thoratec, now part of St. Jude Medical, where he was responsible for commercializing the Companyâs HeartMate PHP program. Previously, Mr. Sahney served as Senior Director of Manufacturing and Operations at CR Bard Vascular, formerly Loma Vista Medical, where he worked to take a novel class III fiber composite balloon catheter from conception to commercialization while managing key contract manufacturer relationships. Mr. Sahney also worked as a Manufacturing Engineering Manager at Abbott Vascular and as a Senior Manufacturing Process Engineer at Abbott Diabetes Care.  Mr. Sahney started his operations career at Toyotaâs North American contract manufacturer, New United Motors Manufacturing, Inc. or NUMMI, where he learned the fundamentals of Lean Manufacturing.    

Mr. Sahney received a Bachelor of Science in Mechanical Engineering from San Francisco State University.

About Sientra  
Headquartered in Santa Barbara, California, Sientra is a medical aesthetics company committed to making a difference in patientsâ lives by enhancing their body image, growing their self-esteem and restoring their confidence. The Company was founded to provide greater choice to board-certified plastic surgeons and patients in need of medical aesthetics products. The Company has developed a broad portfolio of products with technologically differentiated characteristics, supported by independent laboratory testing and strong clinical trial outcomes. The Company sells its breast implants and breast tissue expanders exclusively to board-certified and board-admissible plastic surgeons and tailors its customer service offerings to their specific needs. The Company also offers a range of other aesthetic and specialty products including bioCorneum®, the professional choice in scar management.

Forward-looking statements  
This press release contains âforward-looking statementsâ within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, based on managementâs current assumptions and expectations of future events and trends, which affect or may affect the Companyâs business, strategy, operations or financial performance, and actual results may differ materially from those expressed or implied in such statements due to numerous risks and uncertainties.  Forward-looking statements include, but are not limited to, statements regarding expected growth and the Companyâs intention to achieve a certain magnitude of growth in the future.  Such statements are subject to risks and uncertainties, including the Companyâs inability to achieve and sustain growth at anticipated levels.  Additional factors that could cause actual results to differ materially from those contemplated in this press release can be found in the Risk Factors section of Sientraâs most recently filed Quarterly Report on Form 10-Q and and its Annual Report on Form 10-K for the year ended December 31, 2015 which Sientra filed with the Securities and Exchange Commission on March 10, 2016.  All statements other than statements of historical fact are forward-looking statements. The words ââbelieve,ââ ââmay,ââ ââmight,ââ ââcould,ââ ââwill,ââ ââaim,ââ ââestimate,ââ ââcontinue,ââ ââanticipate,ââ ââintend,ââ ââexpect,ââ ââplan,ââ or the negative of those terms, and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements. Forward-looking statements speak only as of the date they were made, and, except to the extent required by law, the Company undertakes no obligation to update or review any forward-looking statement.

Investor Contacts:
The Ruth Group
Nick Laudico / Brian Johnston
(646) 536-7030 / (646) 536-7028
[email protected]

Rating: 0.0/5 (0 votes)


Please leave your comment:

Performances of the stocks mentioned by Press Release

User Generated Screeners

cyarmeytop holding f scores 2
cyarmeytop holding f scores
rael2222TOP TOP 3
Saab HoldingsSaab other
ky_chuiProfile 1
mjspencermmm screen
browntroutFwd PE <=9, Gross Margin >= 25
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat